Judgment debt: Court restrains ShopRite directors from selling shares, assets

A Federal High Court in Ikoyi, Lagos, has restrained the Directors of Retail Supermarkets (ShopRite) from selling the company's shares or assets until the judgment debt is satisfied. Justice Ambrose Lewis-Allagoa ordered the directors to disclose all movable and immovable assets to the Judgment Creditor. This order follows an ex parte application filed on November 21, 2025, in furtherance of a consent judgment entered on July 22, 2025.